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Revenue != Success Priced appropriately is a key word, you're happy to pay $20/mo for 3 services but will you feel the same when it's $200/mo for 10 services?
by zepolen 4y ago
Revenue != Success
Priced appropriately is a key word, you're happy to pay $20/mo for 3 services but will you feel the same when it's $200/mo for 10 services?
Netflix was priced appropriately until it started getting some competition, we all see what happened there.
The irony of the entire situation is that real competition could have been medium, if they didn't fuck it up.
- yibg 4y agoNetflix has more subscribers and revenue now then it ever did when there was less competition, so unclear what “happened”
- zepolen 4y agoShort term, yes, but it's had a massive head start, these things take time. Subscribers recently increased because account sharing was stopped but recently Disney has already passed Netflix in subscribers across all its platforms: https://www.forbes.com/sites/qai/2022/09/27/disney-surpasses-netflix-subscriber-count-what-does-that-means-for-investors/ https://www.forbes.com/sites/qai/2022/09/27/disney-surpasses... Netflix revenue has started to decline and as they start increasing their pricing and removing shows to save a buck, more and more users will leave, it's already happening, just not reflected on the charts yet due to the aforementioned stopping shared accounts. The Disney+ vs Netflix subscriber growth trajectory says it all: https://www.businessofapps.com/data/netflix-statistics/ https://www.businessofapps.com/data/netflix-statistics/